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Daily G.K. - Top Stories

30 Aug 2020

INTERNATIONAL AFFAIRS

UN Security Council Approves Cut in Lebanon Peacekeepers

  • The UN Security Council unanimously approved a resolution cutting the UN peacekeeping force in southern Lebanon and expanding its mandate to address US and Israeli concerns about activities of the militant group Hezbollah in the area.
  • The French-drafted resolution reduced the troop ceiling for the force, known as UNIFIL, from 15,000 to 13,000 under US pressure. And it also made another concession to the Trump administration and close ally Israel.
  • It calls on the Lebanese government to facilitate prompt and full access to sites requested by UN peacekeepers for investigation, including tunnels crossing the UN-drawn Blue Line between Lebanon and Israel. And it urges freedom of movement and unimpeded access for peacekeepers to all parts of the Blue Line, and condemns in the strongest terms all attempts to restrict UN troop movements and attacks on mission personnel.
  • Israel has repeatedly accused Hezbollah, which is backed by its greatest foe Iran, of impeding UNIFIL peacekeepers from carrying out their mandate, a view strongly backed by the Trump administration.

Japan's Suga to Join Race to Succeed PM Abe

  • Yoshihide Suga, a long-time lieutenant of Japan's Shinzo Abe, has emerged as a strong contender to succeed him as Prime Minister, an outcome that would extend the fiscal and monetary stimulus that defined Abe's nearly eight years in office.
  • While some other would-be successors have declared their intention to run, Suga said that he did not want the job. But such comments have been called into question by an aggressive media push in recent days that put him squarely in the public eye.
  • A self-made politician, Suga was chosen by Abe in 2012 for the pivotal role of chief cabinet secretary, acting as top government spokesman, coordinating policies and riding herd on bureaucrats.
  • The winner of the LDP vote, which domestic media said could be held around September 15, is virtually ensured the premiership because of the party's majority in parliament. The victor will serve out Abe's remaining term as LDP chief, which ends in September 2021.

President Erdogan Wants to Replace Mustafa Kemal Ataturk

  • Anybody who frequently passes through Lutyens zone must have come across a road named after Mustafa Kemal Ataturk -the founding father of Republic of Turkey. In fact, Ataturk has been the most popular Turk leader in India, with cross-cutting popularity as well as the strongest pillar of Indo-Turkic friendship. However, his legacy is being jeopardised in his home country itself as Erdogan is working on an ambitious agenda of projecting himself as the tallest leader of Turkey and undermining Ataturk's legacy is a part of the same plan.
  • As per some analysts, " The Turkish population as well as the world is noticing the pattern how Erdogan has been taking over the state institutions of Turkey to establish his authoritarian control. The Diyanet as well as the Council of States are the two major institutions that have been acting as puppets of Erdogan to help him fulfil his ambitions."
  • In another sinister attempt to dent Ataturk's heritage, Erdogan's government banned the celebrations of Victory Day, falling on August 30, under the excuse of the COVID-19 pandemic. The Victory Day is one of the most important national days of Turkey when the Turkish President offers tributes at Kemal Ataturk's mausoleum and delivers his speech during a grand celebration at the place. The day is also marked by celebrations all across the nation.
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BUSINESS AND ECONOMY

Reliance Retail to Buy Future Group's Retail Business

  • Reliance Industries said that its unit Reliance Retail Ventures (RRVL) is acquiring the retail & wholesale business and the logistics & warehousing business from the Kishor Biyani-promoted Future Group as going concerns on a slump sale basis for a lumpsum amount of Rs. 24,713 crore.
  • Analysts say the deal marks the company's transition away from its energy business, towards becoming a consumer-focused retail and telecom company.
  • The sale would include key formats such as Big Bazaar, fbb, Foodhall, Easyday, Nilgiris, Central and Brand Factory.
  • Reliance Retail and Fashion Lifestyle (RRFLL) and RRVL will take over certain borrowings and current liabilities related to the business and discharge the balance consideration by way of cash.
  • Under the scheme, the retail & wholesale undertaking is being transferred to RRFLL, a wholly-owned subsidiary of Reliance Retail Ventures, along with the logistics & warehousing undertaking.

Rival Social Video App Triller Makes $20-bilion Bid for TikTok

  • Joining the race to buy TikTok, rival social video platform Triller has approached its China-based owner ByteDance directly with a $20 billion bid via London-based global investment firm Centricus.
  • Triller claimed it made the bid directly to TikTok owner ByteDance and not to TikTok itself.
  • As TikTok acquisition turns messy, retail giant Walmart has already confirmed that it is teaming up with Microsoft in a bid for China-based short-video making platform that has 700 million users globally and 100 million in the US.
  • According to the reports, TikTok's parent company ByteDance is inching closer towards a pact amid the 90-day deadline set by the US President Donald Trump to sell its US, Canadian, Australian and New Zealand operations in a deal that is likely to be in the $20 billion to $30 billion range.

Toy Cluster at Koppala Can Generate 40,000 Jobs in 5 Years

  • As per Karnataka Chief Minister BS Yediyurappa, India's 'first toy manufacturing cluster' to come up at Koppal has the potential to create 40,000 jobs in five years and attract over Rs. 5,000 crore investment.
  • Modi said that India has talent and ability to become a toy hub for the entire world and called upon startups to work towards realising this potential while being "vocal about local toys".
  • The global toy industry is over Rs. 7 lakh crore, but India's share was very small. PM Modi stressed on the need to work to increase it.
  • The Karnataka government is inviting global toy makers to the "first of its kind" toy manufacturing cluster in India at Koppala and had recently held a webinar cum panel discussion with a panel of leading toys manufacturers.
  • Karnataka is the third-largest market for toys in India (USD 159 million) 9.1 per cent of the national market.
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SPORTS

Kiren Rijiju Announces Hike in the Prize Money in Categories of the National Sports and Adventure Awards

  • Sports Minister Kiren Rijiju on Saturday officially announced a massive hike in the prize money in four of the seven categories of the National Sports and Adventure Awards, which were given away in a virtual ceremony this year due to the COVID-19 pandemic. The prize money for the Rajiv Gandhi Khel Ratna Award has been increased to a whopping Rs. 25 lakh from the previous amount of Rs. 7.5 lakh, while Arjuna Award has been enhanced to Rs. 15 lakh from Rs. 5 lakh.
  • The Dhronacharya (Lifetime) awardees, who were earlier given Rs. 5 lakh, will now be richer by Rs. 15 lakh, while Dhronacharya (Regular) winners will be given Rs. 10 lakh instead of Rs. 5 lakh. The prize money of Dhyan Chand Award has been increased to Rs. 10 lakh from Rs. 5 lakh. The hike will come into effect from this year.
  • The prize money for the Sports Awards was last reviewed in 2008. These amounts should be reviewed once every 10 years at least. If professionals in every field have seen an enhancement in their earnings, why not our sportspersons.

Djokovic Clinches Western & Southern Open Title

  • Novak Djokovic kept his unbeaten streak in 2020 alive as he survived a terrible start to defeat Milos Raonic 1-6 6-3 6-4 in the final of the Western & Southern Open.
  • The 17-time Grand Slam winner fended off Raonic's mighty serve to extend his 2020 winning run to 23-0, clinching his 80th career title and equalling Rafael Nadal's record of 35 Masters 1000 wins.
  • The tournament, a final tune-up ahead of the U.S. Open was staged in front of empty stands at Flushing Meadows instead of its usual venue in Mason near Cincinnati, Ohio.

Unacademy IPL's Official Partner for Next Three Seasons

  • The Indian Premier League Governing Council (IPL GC) announced 'Unacademy' as an official partner for the Indian Premier League (IPL). The partnership will begin with the 13th edition which is slated to start from September 19 in the UAE and will cover three seasons of IPL.
  • The Bengaluru-based edutech firm, Unacademy, aims to build an online knowledge repository for multilingual education by bringing expert Educators together from across the globe.
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NATIONAL AFFAIRS

PM Inaugurates College and Administration Buildings of Rani Lakshmi Bai Central Agricultural University

  • Prime Minister Narendra Modi inaugurated college and administration buildings of the Rani Lakshmi Bai (RLB) Central Agricultural University in Uttar Pradesh's Jhansi through video conferencing.
  • Uttar Pradesh Chief Minister Yogi Adityanath, Agriculture Minister Narendra Singh Tomar, Minister of State (MoS) for Agriculture and Farmers' Welfare Kailash Choudhary also attended the virtual event.
  • The RLB Central Agriculture University is located in Jhansi and is a prominent institute in the Bundelkhand region.

Govt. Explores Possibility of Single Voter List for LS, Local Body Poll

  • After implementing one-nation-one-ration card, the government is now exploring the possibility of having a common electoral roll for the Lok Sabha, Assembly and local body elections to avoid discrepancies and bring uniformity in the voter list.
  • At present, the Election Commission prepares the electoral roll or voter list for the Lok Sabha and Assembly poll. The state election commissions, which are altogether separate bodies as per constitutional provisions, hold elections for local bodies such as municipalities and panchayats in their respective states based on their own voter lists.
View Month Wise

DEFENCE

India Not to Attend War Games in Russia

  • India pulled out of a multi-nation military exercise hosted by Russia in which Chinese and Pakistani troops too were expected to participate. With tensions brewing, India did not want its military seen alongside that of China and Pakistan.
  • This decision was taken at a high-level meeting where External Affairs Minister S. Jaishankar and Chief of Defence Staff General Bipin Rawat were present. It was decided that with India locked in a military conflict with China in eastern Ladakh, it could not be business as usual. China has stalled all efforts to disengage along the Line of Actual Control.
  • Jaishankar and General Rawat also took into account the worsening global Covid-19 situation. India and China clashed in the Galwan valley on June 15 in which 20 Indian troops lost their lives while the Chinese suffered an undeclared number of casualties.
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AWARDS AND HONOURS

WWII Spy Noor Inayat Khan First Indian-origin Woman to Get British Honour Blue Plaque

  • Noor Inayat Khan, Britain's World War II spy, became the first Indian-origin woman to be honoured with a memorial Blue Plaque at her former family home in London.
  • The Blue Plaque scheme, run by the English Heritage charity, honours notable people and organisations connected with particular buildings across London.
  • Khan's plaque has been put up at 4 Taviton Street in Bloomsbury, where she lived before leaving for Nazi-occupied France in 1943 as an undercover radio operator for Britain's Special Operations Executive (SOE).
  • She was the daughter of Indian Sufi saint Hazrat Inayat Khan and a descendant of the 18th century Mysore ruler Tipu Sultan.
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